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Nelnet NNI Loan Servicing and Systems (LSS) — Intersegment expenses, net

Other segment segments

Education Technology Services and Payments (ETSP)
$6.03M+7.7%
Asset Generation and Management
$1.35M+8.2%
Nelnet Bank
$657K-7.5%

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Other financials

Income statement

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Net income$71.1M-13.8%
EPS (diluted)$1.97-12.8%

Balance sheet

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Cash & equivalents$240.0M+8.8%
Total debt$7.7B-11.1%
Total equity$3.7B+9.1%
Total assets$14.2B-0.1%

Cash flow

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Operating cash flow$73.1M-19.8%
CapEx$11.6M+242%
Free cash flow$61.6M-29.9%

Valuation

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Market cap$4.68B+14.9%

Returns & leverage

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Return on equity11.7%+5.9pp
Debt / equity2.1×-0.5×

Where this comes from

Reported directly by Nelnet in its filing.

Tagged under the XBRL concept nni:IntersegmentExpenses.

The official record: Nelnet’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nelnet's loan servicing and systems (LSS) — intersegment expenses, net?
Nelnet (NNI) reported loan servicing and systems (LSS) — intersegment expenses, net of $16.72M in Q1 2026.
How has Nelnet's loan servicing and systems (LSS) — intersegment expenses, net changed year-over-year?
Nelnet's loan servicing and systems (LSS) — intersegment expenses, net increased by 1.5% year-over-year, from $16.48M to $16.72M.
What is the long-term trend for Nelnet's loan servicing and systems (LSS) — intersegment expenses, net?
Over 4 years (2021 to 2025), Nelnet's loan servicing and systems (LSS) — intersegment expenses, net has grown at a -1.6% compound annual growth rate (CAGR), from $72.21M to $67.81M.
What does loan servicing and systems (LSS) — intersegment expenses, net mean?
This metric represents the net balance of costs allocated between the Loan Servicing and Systems segment and other internal business units. It reflects the internal cost-sharing arrangements for shared services, infrastructure, or administrative support. Monitoring this helps investors understand the true standalone cost structure of the segment by accounting for internal cross-charges.